Democrats and Republicans in the California Legislature have reached a deal that provides housing and social services to thousands of homeless people.
The "No Place Like Home" initiative would provide $2 billion for counties to house and treat homeless individuals living with a mental illness through revenue bonds.
Funding for the initiative would come from Proposition 63, the millionaires' tax passed by voters in 2004 that provides treatment for Californians with mental illness.
The agreement also creates greater oversight and accountability for how the funds are spent.
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